Edited by NAV, 15 July 2010 - 02:33 PM.
Out
Started by
NAV
, Jul 15 2010 02:31 PM
5 replies to this topic
#1
NAV
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Posted 15 July 2010 - 02:31 PM
at SPX 1087 for mere 5 points profit. Just don't like the lack of follow thru. Will probe again tommorow. Typical consolidation mess.
#2
arbman
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Posted 15 July 2010 - 02:40 PM
I agree, this is just running over the option players... up and down...
#3
NAV
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Posted 15 July 2010 - 02:44 PM
I agree, this is just running over the option players... up and down...
It's always tough to short the OPEX week for more than a scalp.
#4
dcengr
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Posted 15 July 2010 - 02:45 PM
They sold enough puts that will expire worthless...
magnet is SPX 1100 for friday open unless GOOG really kills it, then 1110 may hit. But I think 1100 will do.
Qui custodiet ipsos custodes?
#5
milbank
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Posted 15 July 2010 - 02:46 PM
I agree, this is just running over the option players... up and down...
And you've got to work for it. Except for the drop this morning, the up wasn't that much up and the down wasn't that much down. Tedious and treacherous.
Edited by milbank, 15 July 2010 - 02:47 PM.
"The power of accurate observation is commonly called cynicism by those who have not got it."
--George Bernard Shaw
"None are so hopelessly enslaved as those who falsely believe they are free."
--Johann Wolfgang von Goethe
#6
MikeyG
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Posted 15 July 2010 - 03:08 PM
Rumors GS settlement look at GS volume in last half hour...
